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(Z18) 100-DMA Caps Topside......>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: (Z18) 100-DMA Caps Topside
*RES 4: 114-187/22 38.2% 119-01-111-26+/May30 high
*RES 3: 113-117/22 200-dma/Top of Triangle beginning May
*RES 2: 112-292    100-DMA
*RES 1: 112-27     50% 113-277-111-26+
*PRICE: 112-21     @ 10:37 GMT, Nov 15
*SUP 1: 111-07+    Oct 14 2008 low
*SUP 2: 110-30     61.8% 102-26-125-00
*SUP 3: 109-042    Sep 30 2008 low
*SUP 4: 108-15     2008 lows
5-Year futures comfortably hold above 112, but have so far failed to build on
recent momentum. Bulls initially need to reclaim the 200-dma to change the
short-term outlook, before targeting triangle top resistance from May at 113-22.
Bears need a break of the Oct 14 2008 low at 111-07+ and 61.8% retracement of
102-26-125-00 at 110-30 to resume the downtrend, opening a run at multi-year
lows of 108-15.

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